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Saturday, September 16, 2006

Franchising Balut eggspress

Balut Eggspress serves penoy, batter-coated eggs (kwek-kwek), quail eggs (tokneneng), and the best-selling fried day-old chicks and steamed balut. Its franchiser, Jeanne E. Bañez, opened her first stall at the Farmers' Market in Cubao, Quezon City, in October 2003, but now she has four company-owned outlets and 14 franchised stalls in Metro Manila.

Bañez started franchising Balut Eggspress late last year, offering it for P290,000 plus a fixed monthly royalty fee of P3,000 for product research and development. The franchise is good for three years and eight months and the fee covers the food cart and initial inventory. Franchisees must be ready to rent space at P15,000 to P18,000 a month and to pay three months' rent in advance, and to put up two months' security deposit and a construction bond. To get the ball rolling, applicants must submit a letter of intent, their bio-data, NBI clearance, proof of billing address, and work and financial details. "If all is well, we can come to a franchise agreement in as short as one week," says Bañez. "We deliver 350 balut, 90 penoy and 20,000 pieces of quail eggs a day. If an outlet exceeds these, we usually do another delivery within the day."

Michelle Silvino set up her stall on market! Market! at The Fort in Taguig late last year. She recouped her initial investment in five months. Now she nets P30,000 to P40,000 each month from her stall. "I am very pleased with the way my business is doing," she says.

For inquiries contact:
Jeanne Bañez
Balut Eggspress
Tel: 640-0501


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  • 10 Comments:

    At 11:05 PM, Anonymous ex-franchisee said...

    dapat ma-warn ang mga nagbabalak mag franchise na marami nang mga ex-franchisee ng balut ang nag end up na puro konsumisyon lang sa franchisor dahil iiwan kayo sa ere ng mga yan. pagkatapos nyo magbayad ng big amt, pababayaan ang deliveries nyo..kc na-sho-short sila sa supplies. and being selfish, kapag limited ang supplies, uunahin nila supplyan ang mga company-owned branches (para siguradong kikita) while yung mga franchisees eh ihu-huli nila. so the franchisee ends up not having enough to sell to customers. kung wala kang maibenta nang maayos, pano ka kikita? bad bad bad!

    pero kung ayaw nyo maniwala, bahala kayo. but u hv been warned!

     
    At 11:11 PM, Anonymous Anonymous said...

    balut is yummy

     
    At 1:43 PM, Anonymous vino said...

    salamat naman may nagbabala sa akin,malaking tulong comment mo.maubos lang perang pinaghirapan ko

     
    At 8:07 AM, Anonymous Anonymous said...

    Go Balut! Go Balut Eggspress!

    Nice and clean concept. Excellent! :)

     
    At 3:15 AM, Anonymous Anonymous said...

    Ms Banez, o sa sino man sa balut eggspress:

    ano naman sagot nyo sa comment ni ex-franchisee??

    nakakita ko ngayon lang ng magandang pwesto para sa B Eggspress, so I looked for your contact details sa internet, at eto bumulaga sa akin!!

    pls paki comment naman!

    at dun sa iba pang franchisee, tama ba comment ni "ex-franchisee"??

     
    At 10:28 PM, Blogger nyl said...

    warning lan naman...dapat mag franchise din ako dati kaso every place na i identify ko sabi nila kanila na raw...no choice ako kasi lahat ng may potential place kanila pero pag la market bibigay nila sa yo...panalo pa rin sila kasi nag bayad ka na ng fee...

     
    At 6:32 AM, Anonymous lish said...

    Hi ex franchisee, may iba ka pa bang alam na franchisee ng balot or itlog aside from balut eggspress? I'm interested din pero mukang panget feedback nila... please email me at lishiel.pascual@gmail.com

    thanks!

     
    At 1:52 AM, Anonymous Anonymous said...

    wala bang magdedepensa ng balut eggspress?

     
    At 6:13 PM, Blogger Lorna S. Ramos said...

    can I have the new number of your office. I keep on calling the number posted on your website but to no avail. thanks

     
    At 6:15 PM, Blogger Lorna S. Ramos said...

    pwede ko ho ba mahingi new contact number nyo. hindi ko macontact 6400501

     

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